Benchmark JGB yield rises to 3-week high as risk aversion eases

Reuters Staff

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TOKYO, Sept 12 (Reuters) - The benchmark 10-year Japanese government bond yield rose to a three-week high on Tuesday as risk aversion that had gripped the broader markets eased, curtailing demand for safe-haven debt.

The 10-year JGB yield was up 3 basis points at 0.025 percent, its highest since Aug. 24.

The 10-year yield had dropped to a 10-month low of minus 0.015 percent on Friday, when tensions in the Korean Peninsula and concerns over Hurricane Irma took a toll on risk assets.